2, PALMYRA ROAD, BROMSGROVE, B60 2RH - £530,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 PALMYRA ROAD is a very large extended detached house of 177m², built sometime between 1996 and 2002. It was last sold for £530,000 in October 2018, which was around 26% above the average October 2018 detached price in the Bromsgrove local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was C.

2 PALMYRA ROAD Sold Prices

Land registry data shows two sales for 2 PALMYRA ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bromsgrove local authority area for the corresponding sale date. Both of the two 2 PALMYRA ROAD sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 25 OCT	£530,000	£421,252	26% above HPI
2001 25 MAY	£242,950	£167,128	45% above HPI

2 PALMYRA ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bromsgrove local authority area over time, sourced from the HPI. The two 2 PALMYRA ROAD sales from May 2001 and October 2018 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the May 2001 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the October 2018 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is 2 PALMYRA ROAD?

2 PALMYRA ROAD is 177m², which includes one extension, according to the EPC inspection conducted in August 2018. This puts it in the largest 10% of detached houses in Bromsgrove, based on EPC data. The below chart shows the distribution of detached houses by size in Bromsgrove, and where 2 PALMYRA ROAD lies on this distribution: 91% of detached houses are smaller than 2 PALMYRA ROAD, and 9% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

2 PALMYRA ROAD: Plot and Title Map

2 PALMYRA ROAD sits on a plot of roughly 0.099 of an acre, or 399m². The below map shows the location of 2 PALMYRA ROAD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 2 PALMYRA ROAD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 2 PALMYRA ROAD?

2 PALMYRA ROAD is located in BROMSGROVE, in the B60 postcode district. The below map shows the position of No. 2 on PALMYRA ROAD.